Sunday, 29 May 2022

Vodafone considers merger with Three in UK and Iliad in Italy

by Harry Baldock, Total Telecom
Monday 24 January 22

While the discussions with Three late last year have seemingly dissipated, negotiations with Iliad are seemingly ongoing

Vodafone Group has seemingly been quite active on the M&A front in recent months, with two separate stories coming to light this week suggesting they have sought to make market-shaking acquisitions in both the UK and Italy. Bloomberg reports that Vodafone was exploring the possibility of purchasing Three UK with the latter’s parent company, CK Hutchison, late last year.  In November last year, Vodafone’s Group CEO Nick Read said he was “firmly supportive of consolidation on the right terms”, suggesting that a merger with Three would make sense for the UK market…

Vodafone Group has seemingly been quite active on the M&A front in recent months, with two separate stories coming to light this week suggesting they have sought to make market-shaking acquisitions in both the UK and Italy. Bloomberg reports that Vodafone was exploring the possibility of purchasing Three UK with the latter’s parent company, CK Hutchison, late last year.  In November last year, Vodafone’s Group CEO Nick Read said he was “firmly supportive of consolidation on the right terms”, suggesting that a merger with Three would make sense for the UK market…

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